July 11, 2012

Goldcorp lowers guidance due to drought and production delays

Goldcorp, the world's second-largest gold miner, said expected gold production would drop 8% due to problems at Peñasquito and Red Lake.

July 10, 2012

Fitch gives Codelco an A+

Codelco possess 9% of the world's known copper reserves and the A+ rating reflects Codelco's total ownership by the Government of Chile and its strategic importance to the country.

July 10, 2012

Amerix reports additional gold results from drilling at Limao property in Brazil

The company reports a grading intersected at 9.89m of 8.2 grams gold per tonne a the Limão gold property.

July 10, 2012

Mexican workers stop Excellon Resources operations amid IIROC’s decision to impose a trade halt

Unionized workers of Durango Sate in Mexico, forced Canadian miner Excellon Resources to halt its operations at San Pedro mine after over 70 union members occupied the facilities last night.

July 10, 2012

Teck weighs future of its $5.6 billion expansion project in Chile

Canadian miner Teck Resources has temporarily withdrawn the Social and Environmental Impact Assessment application for its $5.6 billion Quebrada Blanca II expansion project in northern Chile.

July 10, 2012

Anglo American optimistic on its $3 billion Peru copper project

Despite the recent deadly and divisive disputes over mining projects in Peru, London- based mining giant Anglo American says it hopes to begin construction of its $3 billion Quellaveco copper…

July 10, 2012

Esperanza reports Cerro Jumil drill results

The results highlight two separate intervals, one with 67.5m containing 1.0 grams of g/t and another interval containing 12m of 1.6 grams of g/t.

July 9, 2012

Amarillo Gold discovers New Gold zones at Lavras do Sul in Brazil, 55m @ 2.06 g/t Au and 36m @ 1.05 g/t Au

The final round of drill results from the company's program at the Butia prospect contained an indicated resource of 215,000 ounces of gold from 6.4 MT at 1.05 g/t Au.

July 9, 2012

Canadian Candente copper to restart drilling in Peru

Candente Copper will be allowed to resume its exploration and feasibility drilling at its Canariaco project in Peru, after the local community of San Juan De Kañaris voted in favour…

July 9, 2012

Bellhaven increases mineral resources for La Mina project, Colombia

The new inferred resource at La Mina contains approximately 1,600,000 oz of gold and 419 million pounds of copper.